Need-based Financial Aid - Southwestern Illinois College

Need-based Financial Aid

Financial Need is determined by this formula:

Cost of Attendance – Expected Family Contribution (EFC) = Financial Need

The Cost of Attendance at Southwestern Illinois College for a full-time student during the nine-month school year is determined by the costs below. The U.S. Department of Education calculates your EFC from the information you submitted on your FAFSA. The difference between the cost of going to college and your expected family contribution is your financial need. You will not be billed this amount by the college. This figure is used to determine your eligibility for financial aid.

For the 2023-24 academic year, costs are estimated as follows for a full-time student:

Campus-Based & Pell Budgets

Full-Time / 9 months (based on 15 hours per semester)

Direct Costs

  In-District Out-Of-District Out-of-State
Tuition & Fees 3,960 7,470 6,450
Loan Fees 34 34 34
Books & Supplies 2,400 2,400 2,400
Total Direct Costs 6,394 9,904 8,884

Indirect Costs

  In-District Out-of-District Out-of-State*
Food & Housing 3,198 3,198 3,198
Transportation 3,002 3,002 3,002
Misc/ Personal Expense 2,600 2,600 2,600
Total Indirect Costs 8,800 8,800 8,800

Dependent Student Total

  In-District Out-of-District Out-of-State
Total Cost of Attendance (Direct & Indirect Costs) 15,194 18,704 17,684

* Out-of-state tuition is waived to the in-district tuition rate.

2024-2025 Independent Students

Direct Costs

  In-District Out-Of-District Out-of-State
Tuition & Fees 3,960 7,470 6,450
Loan Fees 34 34 34
Books & Supplies 2,400 2,400 2,400
Total Direct Costs 6,394 8,824 8,644

Indirect Costs

  In-District Out-of-District Out-of-State*
Food & Housing 11,910 11,910 11,910
Transportation 3,002 3,002 3,002
Misc/ Personal Expense 2,600 2,600 2,600
Total Indirect Costs 17,512 17,512 17,512

Independent Student Total

  In-District Out-of-District Out-of-State
Total Cost of Attendance (Direct & Indirect Costs) 23,906 27,416 26,396

* Out-of-state tuition is waived to the in-district tuition rate.

  1. The budgets provided above are estimates based on 15 credit hours per semester, 30 total credit hours for the Fall and Spring semesters. Budgets are reduced if enrollment is part-time or less than half-time. Actual tuition and fee costs are calculated on the student’s enrolled credit hours each semester.
  2. Direct costs incurred through Southwestern Illinois College include tuition, fees, and select books and supplies*.
  3. Books, supplies, and course fees will vary based on the specific courses that students are taking. Students should consult the Class Schedule and billing statements found in eSTORM for specific costs.
  4. Students with aviation fees that exceed the standard fee amount are eligible for a budget increase.
  5. The student’s cost of attendance budget is the maximum financial aid assistance a student can receive. Financial aid includes grants, loans, work-study, scholarships, and tuition waivers. Students are notified of their financial aid eligibility through their SWIC student e-mail.

A printed copy is available by clicking this button.

ESTIMATED UNDERGRADUATE BUDGET